Baxter International Inc (BAX)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,964,000 | 8,402,000 | 5,833,000 | 9,077,000 | 8,689,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,964,000K)
= 0.00
The debt-to-capital ratio for Baxter International Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has been financing its operations and growth predominantly through equity rather than debt. A debt-to-capital ratio of 0.00 suggests a very low level of financial leverage and may indicate a conservative capital structure. Baxter International Inc's financial position appears strong in terms of its capital structure, as it has not relied heavily on debt to fund its operations during the specified period.
Peer comparison
Dec 31, 2024